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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (38856)	9/26/2003 12:47:03 AM
From: TobagoJack	Respond to of 74559

Hello Energyplay, I think the US equity markets are uniformly high, can be termed extremely high, as in bubble-mania high, relative to earnings, announced or imagined, and compared to prospects, especially considering the inevitable USD drubbing, the impending mass exodus of international and wise domestic money, and taking into account the ever greater need to print still more USD, for election year money pump-priming and for formation of additional legions for foreign adventures. On the election year money pump priming, give up hope on that one, because never has so much money within so compressed a time done so little good, and so a little bit extra for the election year will likely prove disappointing, especially if already richly priced by an exuberantly expectant market. Recommendation: do not wait for the whack of the head by the lead pipe. Exit normal equity space, and do so now, while the exiting is still good, then augment troops in CAD/CanRoy territory. Chugs, Jay